Imports from Hungary in Turkey increased to 121.40 USD Million in March from 114.38 USD Million in February of 2020. Imports from Hungary in Turkey averaged 111.85 USD Million from 2014 until 2020, reaching an all time high of 172.16 USD Million in December of 2017 and a record low of 63.01 USD Million in August of 2018. This page includes a chart with historical data for Turkey Imports from Hungary.

Imports from Greece in Turkey decreased to 91431.60 USD THO in March from 115146.15 USD THO in February of 2020. Imports from Greece in Turkey averaged 165469.35 USD THO from 2014 until 2020, reaching an all time high of 482914 USD THO in May of 2014 and a record low of 55904.06 USD THO in July of 2016. This page includes a chart with historical data for Turkey Imports from Greece.

Imports from Germany in Turkey increased to 1817.24 USD Million in March from 1526.17 USD Million in February of 2020. Imports from Germany in Turkey averaged 1720.32 USD Million from 2014 until 2020, reaching an all time high of 2271.57 USD Million in June of 2016 and a record low of 1162.95 USD Million in January of 2016. This page includes a chart with historical data for Turkey Imports from Germany.

Imports from Georgia in Turkey increased to 22630.46 USD THO in March from 22444.61 USD THO in February of 2020. Imports from Georgia in Turkey averaged 18693.59 USD THO from 2014 until 2020, reaching an all time high of 38273.01 USD THO in February of 2018 and a record low of 7257.11 USD THO in September of 2016. This page includes a chart with historical data for Turkey Imports from Georgia.

Imports from France in Turkey decreased to 531.34 USD Million in March from 572.60 USD Million in February of 2020. Imports from France in Turkey averaged 665.12 USD Million from 2014 until 2020, reaching an all time high of 4058 USD Million in April of 2014 and a record low of 418.47 USD Million in August of 2018. This page includes a chart with historical data for Turkey Imports from France.

Imports from Finland in Turkey increased to 92.88 USD Million in March from 63.49 USD Million in February of 2020. Imports from Finland in Turkey averaged 80.31 USD Million from 2014 until 2020, reaching an all time high of 111.07 USD Million in January of 2016 and a record low of 50.57 USD Million in November of 2016. This page includes a chart with historical data for Turkey Imports from Finland.

Imports from Faroe Islands in Turkey increased to 1031.62 USD Million in March from 210.40 USD Million in February of 2020. Imports from Faroe Islands in Turkey averaged 329.80 USD Million from 2014 until 2020, reaching an all time high of 1206.98 USD Million in July of 2017 and a record low of 100.18 USD Million in June of 2019. This page includes a chart with historical data for Turkey Imports from Faroe Islands.

Imports from Estonia in Turkey decreased to 12714.25 USD THO in March from 28410.56 USD THO in February of 2020. Imports from Estonia in Turkey averaged 20762.47 USD THO from 2014 until 2020, reaching an all time high of 57094 USD THO in May of 2015 and a record low of 3921.67 USD THO in August of 2018. This page includes a chart with historical data for Turkey Imports from Estonia.

Imports from Egypt in Turkey increased to 166840.13 USD THO in March from 158251.76 USD THO in February of 2020. Imports from Egypt in Turkey averaged 141475.95 USD THO from 2014 until 2020, reaching an all time high of 254785.16 USD THO in May of 2018 and a record low of 85693 USD THO in August of 2015. This page includes a chart with historical data for Turkey Imports from Egypt.

Imports from Denmark in Turkey increased to 62887.07 USD THO in March from 51169.66 USD THO in February of 2020. Imports from Denmark in Turkey averaged 73230.63 USD THO from 2014 until 2020, reaching an all time high of 164778.34 USD THO in June of 2019 and a record low of 44119 USD THO in September of 2015. This page includes a chart with historical data for Turkey Imports from Denmark.

Imports from China in Turkey decreased to 1386.12 USD Million in March from 1624.88 USD Million in February of 2020. Imports from China in Turkey averaged 1896.81 USD Million from 2014 until 2020, reaching an all time high of 2602.18 USD Million in June of 2016 and a record low of 1275.68 USD Million in June of 2019. This page includes a chart with historical data for Turkey Imports from China.

Imports from Chile in Turkey increased to 18440.69 USD THO in March from 14121.42 USD THO in February of 2020. Imports from Chile in Turkey averaged 23996.32 USD THO from 2014 until 2020, reaching an all time high of 61091.37 USD THO in July of 2018 and a record low of 6288.64 USD THO in February of 2019. This page includes a chart with historical data for Turkey Imports from Chile.

Imports from Canada in Turkey increased to 109.66 USD Million in March from 55.88 USD Million in February of 2020. Imports from Canada in Turkey averaged 123.05 USD Million from 2014 until 2020, reaching an all time high of 565.84 USD Million in January of 2018 and a record low of 40.61 USD Million in September of 2015. This page includes a chart with historical data for Turkey Imports from Canada.

Turkey recorded 135569 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Turkey reported 3689 Coronavirus Deaths. This page includes a chart with historical data for Turkey Coronavirus Cases.

Turkey recorded 3689 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Turkey reported 135569 Coronavirus Cases. This page includes a chart with historical data for Turkey Coronavirus Deaths.

Turkey recorded 86396 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Turkey reported 3689 Coronavirus Deaths. This page includes a chart with historical data for Turkey Coronavirus Recovered.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2011.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise.

Turkey’s economy will grow stronger in the coming years, but remains overly dependent on domestic consumption funded by foreign finance, according to the latest OECD Economic Survey of Turkey.

Turkey’s business sector dynamism has underpinned broad-based and inclusive growth in the 2000s. However, the business sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less formal and low-productivity entities.

Turkey’s economy has proven remarkably resilient in the face of a challenging global economic context. However, further action can be taken to raise productivity and advance the shift to a more balanced, sustainable and stronger growth path that will boost living standards for the entire population, according to the latest OECD Economic Survey of Turkey.

The global financial crisis and its high economic and social costs have revived academic and policy interest in “early warning indicators” of crises. This paper aims to investigate the performance of vulnerability indicators as advance warning indicators of past severe GDP per capita recessions in Turkey.

Despite major progress, Turkey still lags behind most comparable countries in terms of exported value added per capita. Its remarkable economic performance over the past 15 years has not been sufficiently backed by gains in export market shares, in particular when measured in value added terms.

Turkey’s manufacturing sector has expanded considerably but not efficiently and competitively enough.

Despite major progress, Turkey still lags behind most comparable countries in terms of exported value added per capita. Its remarkable economic performance over the past 15 years has not been sufficiently backed by gains in export market shares, in particular when measured in value added terms.

Turkey’s manufacturing sector has expanded considerably but not efficiently and competitively enough.

Despite numerous headwinds and adverse shocks, Turkey's real GDP has grown by more than 34% over the past 5 years, faster than any other OECD country except for Ireland and only slightly less than China and India.

Turkey’s business sector exhibits one of the highest investment rates among OECD countries.

Imports in Turkey increased to 18813.45 USD Million in March from 17635.10 USD Million in February of 2020. Imports in Turkey averaged 5072.11 USD Million from 1957 until 2020, reaching an all time high of 23245.30 USD Million in May of 2013 and a record low of 15 USD Million in August of 1958. In 2017, Turkey's main imports were: machinery and transport equipment (31 percent of total imports), of which road vehicles (7 percent) and electrical machinery, apparatus and appliances (6 percent); manufactured goods (16 percent), of which iron and steel (5 percent); mineral fuels, lubricants and related materials (16 percent), of which petroleum and petroleum products (4 percent); chemicals and related products (13 percent), of which plastics (4 percent); gold, non-monetary (7 percent); crude materials, inedible, except fuels (7 percent); miscellaneous manufactured articles (6 percent); and food and live animals (4 percent). The country's main imports' sources were: China (10 percent of total imports); Germany (9 percent); Russia (8 percent); the US and Italy (5 percent each); France, Iran, Switzerland, South Korea, the UK, Spain and India (3 percent each). This page provides the latest reported value for - Turkey Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Turkey increased 11.65 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Turkey averaged 8.34 percent from 2004 until 2020, reaching an all time high of 24.34 percent in October of 2018 and a record low of 2.50 percent in October of 2010. In Turkey, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold. This page provides the latest reported value for - Turkey Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis, with annual growth averaging close to 9% over 2010-11

Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process.

Money Supply M2 in Turkey increased to 2919332512 TRY Thousand in April from 2666743293.70 TRY Thousand in March of 2020. Money Supply M2 in Turkey averaged 963860562.33 TRY Thousand from 2005 until 2020, reaching an all time high of 2919332512 TRY Thousand in April of 2020 and a record low of 236620702 TRY Thousand in January of 2006. Turkey Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides the latest reported value for - Turkey Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Loans to Private Sector in Turkey increased to 1434780824 TRY Thousand in March from 1358220645 TRY Thousand in February of 2020. Loans to Private Sector in Turkey averaged 222128761 TRY Thousand from 1986 until 2020, reaching an all time high of 1438571065 TRY Thousand in August of 2018 and a record low of 3402.30 TRY Thousand in January of 1986. This page provides the latest reported value for - Turkey Loans to Private Sector - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Production in Turkey decreased to 58 BBL/D/1K in December from 59 BBL/D/1K in November of 2019. Crude Oil Production in Turkey averaged 51.58 BBL/D/1K from 1994 until 2019, reaching an all time high of 72 BBL/D/1K in February of 1994 and a record low of 38 BBL/D/1K in January of 2007. This page provides - Turkey Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Turkey remained unchanged at 2830 TRY/Month in 2018 from 2830 TRY/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys. This page provides - Turkey Wages High Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Turkey increased 7.50 percent in February of 2020 over the same month in the previous year. Industrial Production in Turkey averaged 5.09 percent from 1986 until 2020, reaching an all time high of 27.30 percent in October of 2005 and a record low of -21.20 percent in February of 2009. In Turkey, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 84 percent of total production. The biggest segments within Manufacturing are: Food products (16 percent of total production); basic metals (11 percent); motor vehicles, trailers and semi-trailers (9 percent); textile (8 percent); other non-metallic mineral products (6 percent); rubber and plastic products (5 percent); chemicals and chemical products (5 percent); electrical equipment (5 percent); wearing apparel (5 percent); and fabricated metal products (5 percent). This page provides the latest reported value for - Turkey Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Electricity Production in Turkey increased to 25815 Gigawatt-hour in December from 23633 Gigawatt-hour in November of 2019. Electricity Production in Turkey averaged 20719.40 Gigawatt-hour from 2008 until 2019, reaching an all time high of 29183 Gigawatt-hour in July of 2018 and a record low of 14829 Gigawatt-hour in October of 2008. This page has Electricity Production values for Turkey.

Industrial Production in Turkey increased 1.20 percent in February of 2020 over the previous month. Industrial Production Mom in Turkey averaged 0.44 percent from 1986 until 2020, reaching an all time high of 16.70 percent in February of 1991 and a record low of -13.40 percent in January of 1991. In Turkey, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 84 percent of total production. The biggest segments within Manufacturing are: Food products (16 percent of total production); basic metals (11 percent); motor vehicles, trailers and semi-trailers (9 percent); textile (8 percent); other non-metallic mineral products (6 percent); rubber and plastic products (5 percent); chemicals and chemical products (5 percent); electrical equipment (5 percent); wearing apparel (5 percent); and fabricated metal products (5 percent). This page provides the latest reported value for - Turkey Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Transport in Turkey increased to 4095462 TRY THO in the second quarter of 2016 from 3875510 TRY THO in the first quarter of 2016. GDP From Transport in Turkey averaged 2850415.18 TRY THO from 1998 until 2016, reaching an all time high of 4175844 TRY THO in the fourth quarter of 2015 and a record low of 1498463 TRY THO in the first quarter of 1999. This page provides the latest reported value for - Turkey Gdp From Transport - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Car Production in Turkey decreased to 103350 Units in March from 127882 Units in February of 2020. Car Production in Turkey averaged 45784.19 Units from 1974 until 2020, reaching an all time high of 163460 Units in November of 2017 and a record low of 1421 Units in August of 1980. In Turkey, Total Motor Vehicles Production refers to the production of total motor vehicles, excluding tractors. This page provides - Turkey Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Turkey decreased to 66.80 points in April from 99.70 points in March of 2020. Business Confidence in Turkey averaged 99.25 points from 1987 until 2020, reaching an all time high of 123.30 points in December of 1987 and a record low of 52.60 points in December of 2008. In Turkey, the Business Tendency Survey (BTS) compiles the assessments of the senior managers on the recent past, current situation and their expectations regarding the future course of business environment in the manufacturing industry. A score above 100 indicates an optimistic outlook to the economic activities while below 100 points to a pessimistic outlook. . This page provides the latest reported value for - Turkey Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Turkey 10Y Bond Yield was 12.69 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Turkey Government Bond 10y reached an all time high of 114.85 in December of 2019. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Turkey recorded a Government Budget deficit equal to 2.90 percent of the country's Gross Domestic Product in 2019. Government Budget in Turkey averaged -4.71 percent of GDP from 2001 until 2019, reaching an all time high of -0.60 percent of GDP in 2006 and a record low of -33 percent of GDP in 2001. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides the latest reported value for - Turkey Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Private Sector Credit in Turkey increased to 2261017798 TRY Thousand in March from 2169240342 TRY Thousand in February of 2020. Private Sector Credit in Turkey averaged 376586114.80 TRY Thousand from 1986 until 2020, reaching an all time high of 2261017798 TRY Thousand in March of 2020 and a record low of 4762.10 TRY Thousand in January of 1986. This page provides the latest reported value for - Turkey Private Sector Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Youth Unemployment Rate in Turkey decreased to 24.50 percent in January from 25 percent in December of 2019. Youth Unemployment Rate in Turkey averaged 19.56 percent from 1988 until 2020, reaching an all time high of 28.60 percent in February of 2009 and a record low of 11 percent in September of 2000. This page provides the latest reported value for - Turkey Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Import Prices in Turkey decreased to 85.17 points in February from 86.64 points in January of 2020. Import Prices in Turkey averaged 75.09 points from 1982 until 2020, reaching an all time high of 127.41 points in July of 2008 and a record low of 45.77 points in July of 1986. In Turkey, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides - Turkey Import Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Households Debt in Turkey increased to 14.70 percent of GDP in the fourth quarter of 2019 from 14.20 percent of GDP in the third quarter of 2019. Households Debt To GDP in Turkey averaged 7.26 percent of GDP from 1986 until 2019, reaching an all time high of 19.60 percent of GDP in the fourth quarter of 2013 and a record low of 0.10 percent of GDP in the third quarter of 1988. This page provides - Turkey Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Turkey stands at 22 percent. Corporate Tax Rate in Turkey averaged 24.50 percent from 1997 until 2020, reaching an all time high of 33 percent in 2000 and a record low of 20 percent in 2006. In Turkey, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Turkey. This page provides the latest reported value for - Turkey Corporate Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.